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Inflection Point Acquisition (Inflection Point Acquisition) Long-Term Capital Lease Obligation : $0.00 Mil (As of Sep. 2022)


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What is Inflection Point Acquisition Long-Term Capital Lease Obligation?

Inflection Point Acquisition's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2022 was $0.00 Mil.


Inflection Point Acquisition Long-Term Capital Lease Obligation Historical Data

The historical data trend for Inflection Point Acquisition's Long-Term Capital Lease Obligation can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Inflection Point Acquisition Long-Term Capital Lease Obligation Chart

Inflection Point Acquisition Annual Data
Trend Dec21
Long-Term Capital Lease Obligation
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Inflection Point Acquisition Quarterly Data
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Inflection Point Acquisition  (NAS:IPAX) Long-Term Capital Lease Obligation Explanation

Long-Term Capital Lease Obligation are the amount due for long-term asset lease agreements that are nearly equivalent to asset purchases. Capital lease obligations are installment payments that constitute a payment of principal plus interest for the capital lease. The Short-Term Capital Lease Obligation is the portion of a Long-Term Capital Lease Obligation that is due over the next year.

Under US Generally Accepted Accounting Principles (GAAP), a capital lease is essentially equivalent to a purchase by the lessee if it meets the following criteria:

1. Ownership of the asset is transferred to the lessee at the end of the lease term;
2. The lease contains a bargain purchase option to buy the equipment at less than fair market value;
3. The lease term equals or exceeds 75% of the asset's estimated useful life;
4. The present value of the lease payments equals or exceeds 90% of the total original cost of the equipment.

Inflection Point Acquisition Long-Term Capital Lease Obligation Related Terms

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Inflection Point Acquisition (Inflection Point Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
34 East 51st Street, 5th Floor, New York, NY, USA, 10022
Inflection Point Acquisition Corp is a blank check company.
Executives
Erin Clift director C/O INFLECTION POINT ACQUISITION CORP., 34 EAST 51ST STREET, 5TH FLOOR, NEW YORK NY 10022
Kingstown Capital Partners, Llc director, other: See Remarks 535 MADISON AVENUE, 30TH FLOOR, NEW YORK NY 10022
Kingstown 1740 Fund L.p. director, other: See Remarks 34 EAST 51ST STREET, 5TH FLOOR, NEW YORK NY 10022
Guy Shanon director, 10 percent owner, officer: Co-Chief Executive Officer 1270 BROADWAY, SUITE 1009, NEW YORK NY 10001
Michael Blitzer director, 10 percent owner, officer: Co-Chief Executive Officer 1270 BROADWAY, SUITE 1009, NEW YORK NY 10001
Kingstown Capital Management L.p. 10 percent owner, other: See Remarks 167 MADISON AVENUE, SUITE 205 #1033, NEW YORK NY 10016
Kingstown Management Gp Llc 10 percent owner, other: See Remarks 1270 BROADWAY, SUITE 1009, NEW YORK NY 10001
Paula Sutter director 969 BROADWAY, SUITE 200, OAKLAND CA 94607
Inflection Point Holdings Llc 10 percent owner, other: See Remarks 34 EAST 51ST STREET, 5TH FLOOR, NEW YORK NY 10022
Brian Pitz director, officer: Chief Financial Officer P.O. BOX 2158, AMTECH CAPITAL PARTNERS LLC, AMAGANSETT NY 11930
Nicholas Shekerdemian director 201 EAST 21ST STREET, NEW YORK NY 10010

Inflection Point Acquisition (Inflection Point Acquisition) Headlines

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